iRadio

We’ve been hearing a ton of leaks and details about Apple’s new iRadio streaming music service lately, enough to get a complete picture of the Pandora-like service, which will not only serve up a streaming music station of music you’ll like based upon your iTunes collection, but allow you to buy any tracks you hear with a single tap. And it’ll all be supported by iAds.

All the music labels are reportedly on board, and so we should hear Tim Cook announce the service in just a few hours. But in case there was any doubt, the Wall Street Journal is now weighing in, confirming that iRadio is a go.

Today’s the day, folks! In just a few hours, Apple will kick off WWDC 2013 with a first look at its next-generation iOS 7 operating system. We’re expecting big changes with this update, and according to sources for The Wall Street Journal, those will include a brand new look, new ways to share your photos and videos, and a new music streaming service.

You can also expect to see a glimpse of OS X 10.9 and new notebooks at the event.

We’ve been hearing reports for weeks now that Apple has been slowly signing deals with the three major music publishers to launch their new streaming music service, iRadio. There was just one conspicuous holdout. Sony. But now, the deal has been inked.

Following word that Apple’s iAd team is being restructured to allow for tighter integration with iOS 7’s new streaming music feature, iRadio, a new report talks just about how the ads on iRadio are going to work, how Apple’s going to make money on iRadio, and how much Apple’s paying the labels to make it happen.

At this point, the magic 8-ball is turning up “Yes” to the question whether or not Apple will announce their new streaming music service, iRadio, at next week’s WWDC keynote at a rate of almost 100%. A new report not only confirms the magic 8-ball’s whisperings, it says Apple is restructuring the iAds team to help support the new product. But don’t expect iRadio to launch at WWDC: you’ll have to wait until iOS 7 lands in September.

We’ve been hearing about Apple’s plans for a music streaming service for over a year now. Negotiations with the labels have kept Apple’s product, commonly referred to as “iRadio,” at bay. With competitors like Pandora, Spotify, Rdio, and now Google, the race is on.

Word on the street has been that a least a couple of the big labels have been holding out on Apple, but now Warner has signed on. All signs point to Apple wanting iRadio to be ready in time for an unveiling at WWDC on June 10th.

How much should Apple have to pay Sony if they use a song on iRadio, but a listener hates it so much that they immediately skip to the next track? A common sense answer would be ‘nothing’ but in the high stakes world of music industry legal mumbo jumbo, common sense doesn’t apply… and Apple and Sony Music’s disagreement over the matter might delay iRadio from launching with iOS 7.

Earlier this week, Google beat Apple to the punch by launching a streaming subscription music service before Cuperino could unveil its own offering, iRadio.

How did Google managed to do it? Apple has all the music industry clout, so how could Google swing a deal first? Because Google Play Music All Access is essentially a clone of services like Rdio and Spotify, and the contract terms of services like that are easy to copy.

Apple’s iRadio? It’s a wholly different beast.

Apple’s plans for an ‘iRadio’ streaming service are still being stalled by reluctant music labels, according to a report today from the Financial Times. Last month it was reported that Universal was about to partner with Apple, and the deal has allegedly been sealed between the two companies since then. Now Sony is demanding more money before it signs on.

Spotify has acquired Swedish music discovery startup Tunigo in an effort to compete with Twitter’s new music service, AllThingsD reports. Tunigo will continue to operate as normal for the time being, but all of the company’s employees will reportedly move into Spotify’s offices in Stockholm and New York to work on Spotify’s main music streaming service.

Have you ever wondered: if Apple makes billions of dollars off of music downloads, why are they supposedly planning on launching their own music streaming service, iRadio, later this year? Wouldn’t such a service actually lead to less downloads?

It’s a good question, and there’s a good answer.

Apple may be signing its first licensing deal with Universal Music Group (UMG) as soon as next week, according to several sources with knowledge of the matter, says The Verge. UMG and Apple are in the final stages of negotiations, and Warner Music is close behind, say those sources. All Apple needs now to complete the licensing for what the media has dubbed iRadio is an agreement with Sony Music Entertainment and other music publishers.

Apple is widely expected to launch a streaming music service later this year, perhaps this summer, with features similar to Pandora, assuming it can get all the licensing squared away for such a service.

Like a psychic, the bread and butter of most analysts is to make wild predictions to their clients and then, when they don’t come true, pretend like those predictions were never made to begin with. When that fails, another ploys analysts, like psychics, sometimes use is overly vague predictions that could literally be fulfilled by anything.

Morgan Stanley analyst Katy Huberty’s latest bit of soothsaying falls into the latter cam: she claims that after meeting with Apple management recently, she feels quite certain that Apple could release a “killer app” this year. Only one, Katy?

According to “two people familiar with the matter,” Apple is super close to closing a deal with a couple of major music labels for its own streaming music service, one which is reportedly better than the deal that the labels are getting from rival service, Pandora.

While other reports have Apple “lowballing” the record industry on royalty rates of up to half what Pandora pays, CNET is reporting that new revenue options could make the iRadio deal better for labels in the long run.

Apple has been rumored to release a Spotify-like music streaming service for quite some time, but complicated licensing negations with the record labels have kept the product at bay. Multiple reports from this year alone have suggested that Apple is finally starting to gain momentum; it seems clear that some kind of ‘iRadio’ is in the pipeline.

Previous speculation has said that Apple wants to release its upcoming music service sometime in 2013, and now a new report says the company is “pushing hard” for a launch this summer.

As Apple continues to ramp up development on its new music streaming service, negotiations with record labels haven’t been going well.

Apple’s music streaming service is rumored to be similar to Pandora’s radio service, but rather than settling with the same royalty rate that Pandora enjoys, Apple is trying to lowball record labels into giving them a better deal.

It was only yesterday that we found out that music streaming apps like Spotify and Rdio are helping kill music piracy, as the music industry reported that global revenue rose in 2012 for the first time in 13 years.

Well, according to a different report that crunched some serious numbers, Apple’s iTunes Store played a big part in the music industry’s growth, by accounting for 60 percent of global digital music revenues.

Want to hear a good argument for the possibility of Apple launching an iRadio service? According to a couple ofnew report, 2012 is the first time since 1999 that piracy is down, and the music industry has actually grown. And music streaming services like Rdio and Spotify can take all the credit.

The popular method for listening to music online has shifted from $0.99 paid downloads to subscription services like Spotify and Rdio. Bigger tech companies like Samsung have tried to claim their piece of the music subscription pie, and Apple is rumored to be entering the space with some sort of ‘iRadio’ product.

That’s why it shouldn’t come as a surprise that Google is working on its own music streaming service too.

This year is likely to be another big one for Apple — even if we don’t see that much-anticipated television set. One new product the Cupertino could have up its sleeve is an internet radio service called “iRadio.” It’s reportedly been negotiating the necessary deals with the music labels, and one analyst expects the service to be integrated into iTunes within the next 12 months, competing with the likes of Pandora.